Oireachtas Joint and Select Committees

Wednesday, 14 July 2021

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Double Taxation Agreements: Minister for Finance

Photo of Mick BarryMick Barry (Cork North Central, Solidarity)
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I will move on to the issue of the OECD position on corporation tax rates. The Minister mentioned in his reply to Deputy Doherty that Ireland is not alone on this issue and is putting its case alongside other small and medium-sized economies.

The reports I read indicate eight states currently are strongly opposed to the 15% proposals. Those states are Estonia, Kenya, Nigeria, Peru, Sri Lanka, St. Vincent and the Grenadines, a tax haven, and Barbados, another tax haven. Would the Minister care to comment on the other small and medium sized economies, including these tax havens, and does he not believe that puts the State in an embarrassing position?